LEIPZIG -- To counter the sales slump, Porsche is planning to build at least one new, affordable entry-level car.
The sports car maker, which is Volkswagen's dominant shareholder, wants to incorporate the Audi TTS's 2.0 V-6 TFSI engine in its Boxster.
Sources in company circles in Stuttgart and Ingolstadt have confirmed that inquiries have been made along these lines. The issue has also been discussed on the joint corporate committee for the two automakers.
By moving the TFSI engine into the Boxster, the new model could not only could be sold for about $40,000 euros ($56,154). It also would be the first Porsche model with CO2 emissions below 200 grams per kilometer.
It still isn't clear whether Porsche will take part in VW's Bluesport sports car project. "The price segment under 33,000 euros ($46,327) doesn't fit our business model and market positioning," said Michael Macht, Porsche's production chief, in Leipzig.
But there is still room for a fifth model line below the Boxster, which has a base price of $65,287.
VW is developing the mid-engine Bluesport concept, but it can hardly reach profitable volumes by itself. VW's image could also be enhanced by Porsche's participation.